See more : Dream Unlimited Corp. (DRM.TO) Income Statement Analysis – Financial Results
Complete financial analysis of MP Materials Corp. (MP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of MP Materials Corp., a leading company in the Industrial Materials industry within the Basic Materials sector.
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MP Materials Corp. (MP)
About MP Materials Corp.
MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine located in the Western Hemisphere. The company holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals. It offers cerium, lanthanum, neodymium, praseodymium, and samarium. The company was founded in 2017 and is headquartered in Las Vegas, Nevada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|
| Revenue | 253.45M | 527.51M | 331.95M | 134.31M | 73.41M | 67.42M |
| Cost of Revenue | 148.42M | 110.57M | 100.64M | 102.40M | 67.83M | 57.28M |
| Gross Profit | 105.02M | 416.94M | 231.32M | 31.91M | 5.58M | 10.13M |
| Gross Profit Ratio | 41.44% | 79.04% | 69.68% | 23.76% | 7.60% | 15.03% |
| Research & Development | 3.50M | 11.82M | 4.57M | 140.00K | 0.00 | 0.00 |
| General & Administrative | 0.00 | 75.84M | 57.22M | 27.01M | 11.10M | 14.57M |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 79.25M | 75.84M | 57.22M | 27.01M | 11.10M | 14.57M |
| Other Expenses | 0.00 | 1.48M | 2.38M | 2.26M | 2.09M | 0.00 |
| Operating Expenses | 82.74M | 89.13M | 64.16M | 29.26M | 13.20M | 18.58M |
| Cost & Expenses | 231.17M | 199.71M | 164.80M | 102.40M | 81.03M | 75.87M |
| Interest Income | 326.00K | 19.83M | 353.00K | 163.00K | 461.00K | 5.02M |
| Interest Expense | 5.58M | 5.79M | 8.90M | 5.01M | 3.41M | 0.00 |
| Depreciation & Amortization | 56.62M | 19.83M | 26.76M | 9.19M | 6.78M | 4.45M |
| EBITDA | 94.95M | 366.77M | 195.86M | -25.27M | 3.44M | -4.43M |
| EBITDA Ratio | 37.46% | 65.84% | 51.49% | 23.95% | 1.83% | -6.57% |
| Operating Income | 22.28M | 327.41M | 165.35M | 25.23M | -3.34M | -8.88M |
| Operating Income Ratio | 8.79% | 62.07% | 49.81% | 18.79% | -4.55% | -13.18% |
| Total Other Income/Expenses | 10.80M | 13.74M | -5.15M | -4.76M | 866.00K | -4.58M |
| Income Before Tax | 33.08M | 341.15M | 160.20M | -39.46M | -6.75M | -13.47M |
| Income Before Tax Ratio | 13.05% | 64.67% | 48.26% | -29.38% | -9.20% | -19.97% |
| Income Tax Expense | 8.77M | 52.15M | 25.16M | -17.64M | 1.00K | 1.00K |
| Net Income | 24.31M | 289.00M | 135.04M | -21.83M | -6.76M | -13.47M |
| Net Income Ratio | 9.59% | 54.79% | 40.68% | -16.25% | -9.20% | -19.97% |
| EPS | 0.14 | 1.64 | 0.78 | -0.27 | -0.10 | -0.20 |
| EPS Diluted | 0.14 | 1.52 | 0.73 | -0.27 | -0.10 | -0.20 |
| Weighted Avg Shares Out | 177.18M | 176.52M | 173.47M | 79.69M | 66.56M | 66.56M |
| Weighted Avg Shares Out (Dil) | 178.15M | 193.45M | 189.84M | 79.69M | 68.88M | 68.88M |
MP Materials to Participate in the Jefferies 2024 Battery Storage & Materials Virtual Conference
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the Jefferies 2024 Battery Storage & Materials Conference on Friday, December 13, 2024, at 2:20 p.m. Eastern Time. Live webcasts...
MP Materials: Mission Critical And Ready To Double
MP Materials plays a pivotal role in rare earths, vital for EVs and AI. It's expanding production and refining, ensuring U.S. independence from China's dominance. Geopolitical shifts, including U.S.-China tensions, boost MP's relevance. Strong finances and buybacks enhance its long-term...
Why MP Materials Stock Popped 11% Today
Shares of MP Materials (MP 11.10%), a miner of rare earth metals, shot up 11% through 10:15 a.m. ET Tuesday morning after China announced restrictions on exports to the U.S. of certain products containing gallium, germanium, antimony, and "superhard materials,"...
MP Materials Corp. (MP) Baird 2024 Global Industrials Conference Transcript
MP Materials Corp. (NYSE:MP ) Baird 2024 Global Industrials Conference November 13, 2024 11:15 AM ET Company Participants Ryan Corbett - Chief Financial Officer Conference Call Participants Ben Kallo - Baird Ben Kallo Thank you. Good day everyone.
MP Materials: Everything Is Going According To The Plan
MP Material is the only fully vertically integrating Rare Earth mining company in the Western Hemisphere. It is finishing its complete transformation from the upstream (mining) and midstream (refining) to the downstream (production of magnets). FY25 should see a margin...
MP Materials Corp. (MP) Q3 2024 Earnings Call Transcript
MP Materials Corp. (MP) Q3 2024 Earnings Call Transcript
MP Materials Corp. (MP) Reports Q3 Loss, Tops Revenue Estimates
MP Materials Corp. (MP) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to earnings of $0.04 per share a year ago.
MP Materials Corp. (MP) Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference (Transcript)
MP Materials Corp. (NYSE:MP ) Gabelli Funds 48th Annual Automotive Aftermarket Symposium Conference November 4, 2024 2:50 PM ET Company Participants Martin Sheehan - Head of Investor Relations Ryan S. Corbett - Chief Financial Officer Conference Call Participants Brian Sponheimer...
Analysts Estimate MP Materials Corp. (MP) to Report a Decline in Earnings: What to Look Out for
MP Materials (MP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
MP Materials to Participate in Upcoming Conferences
LAS VEGAS--(BUSINESS WIRE)---- $MP #rareearth--MP Materials Corp. (NYSE: MP) today announced that Ryan Corbett, Chief Financial Officer, will participate in the following conferences: The Gabelli Funds 48th Annual Automotive Symposium on Monday, November 4, 2024, at 2:50 p.m. Eastern Time....
Source: https://incomestatements.info
Category: Stock Reports